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<br /> I17. Transfar of tho Propertyr or a Bonoficlal InterASt In Borrower. Ii au or eny pert �f the Property ar ;,�rr�r= _:
<br /> 1 •- � any Interest In it Is sold or trensterted (or If e beneflclal interest In 6orrower Is sold or transferred and Borrower Is not a naturai ;`�n�^'-`_ _
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<br /> person) without Lendar's prior wriqen consent, Lender may,al Its optlon, requlre Immediate payment In full of ell sums secured by y���;,:�`
<br /> thls Security Instrument. However,ihls optlon shell not bo nxerGsed by Lender il exercise Is prohiblted by lederel law as of the ' �
<br /> dato of this Security Inslrument. �
<br /> II Lender exerclses ihls option, Lendar shall give Borrower notice o1 eccelerntlon. The notice shall provlde a perlod ot not I --
<br /> Iese than 30 days fram the date ihe notice Is delivered or malled withln which Borrower must pay all sums secured by this �
<br /> ' Securily Instrument. If Borrower fa�s to pay these sums prior to the expirallon oi ihls perlod, Lender may invoke any remedles �
<br /> permitted by thls 3�curlty Instrument wlthout lurther nolico or demand on BoROwer. � , ;�
<br /> 18. 8orrow�r's Right to Relnetate. il Borrower meete corteln conditlons. Borrower nhall heve the right to heve � �
<br /> nntorcement of thls Security Instrument dlscontlmi�d nt eny time prior to the earlier ol� (a) 5 days (or such other period as �
<br /> w�,. appllcabla lew may specly for relnstatement)befor9 sale of the Property pursuant to eny power of sale contained In this Secudty
<br /> " ,� Instrument: or (b) entry of a Judgment enforcing ihls Security Instrument. Those conditlons are that Borrower: (a) pays Lender all � _
<br /> suma whlch then would be due under thls 3ecudty Instrument end the Note es if no acceloration had occurred; (b) cures eny ��.:�
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<br /> defaull o} sny other covenant or agreements: (c)pays ail expenaes incurred In enlorcing thls Sewrity Instrument, Including, but � '°�=
<br /> not Ilmlted to, reasonablo attomeys'fees; and (d)takes such actlon as Lender may reasonably requlre to assure that the Ilen of ��''
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<br /> thls 3ecurity Instrument, Lender's dghts In the Property end Borrower's obligatfon to pay the sums secured by this Securiry ' .; ,,
<br /> Instrument shail contlnue unchanged. Upon relnstetement by Borrower, this Secudty Instrument and the obligatlons socurod � �" `� -
<br /> , hereby shall remaln lully eHective es If no ecceleratlon had occurred. However,thls right to relnslete shail not apply In the case , __-
<br /> oi accelerallon under paragreph 17. �
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<br /> 19. Sale of Note; Change of Loan Servicer. 7ne Note or e e partial interest fn the Note (together wilh ihls _
<br /> Sacudty Instrumenq may be sold one or more times without pdor notice to Borrower. A sale mey rasult In a change in the enpty `
<br /> (known as the 'Loan Servlcer') that collects monthly paymenta duo under the Note and thls Secudty Instrument. There also may -
<br /> be one or more changes of the Loan Senicer unreleted to e sale o} the Note. If there is a change of the Loan Servicer,
<br /> Borrower will be givon wdtten notice of the change in accordance with peragraph 14 above and appllcablo law. The notice will
<br /> state tha neme and address of tlie new Loan Servicer and the address to which payments should be made. The notice wlll also '
<br /> conteln any other Infomtetlon requlred by eppllcable lew. -
<br /> � 20. Hazardous Substanaes. Borrower shall not cause or permit the presence, use, dlsposal, storege, or release of , _
<br /> any Hazardous Substances on or In the Property. Bonower shall not do, nor allow enyone else to do, anything aflecting the
<br /> Property that Is In vlolatlon of any Environmental Lew. The preceding two sentences shall not epply to the presence, use, or
<br /> storage on the Property of small quantities of Hazardous Substences that are generally recognized to be eppropriate to normal •_
<br /> resldential uses and to msintenance of the Property.
<br /> Borrower shell pramptly glve Lender written notice of any Investlgation, clalm, demand. lawsult or other ection by any
<br /> �• govemmental or regulatory agency or private parly Involving the Property and any Hezardous Substance or Environmental Law oi =
<br /> which Barrower has actual knowledge. If 8ortower laams, or Is notifled by eny govemmental or regulatory authority, that any
<br /> ♦� removal or other remedlatlon ot any Hezardous Substance eMecting PropoAy is neceasary, Borrower shell promptly teke all
<br /> �Z necessary remediai acttons m accoraence wiih Environmeniai Law. 4
<br /> '� As used in thls paragreph 20, 'Hazardous Substances" are those substances deflned as toxic or hazardous substances by
<br /> , ,' Environmental Lew and the to�owing substances: gasoline, kerosene, other 1lammabie or toxic petroleum products, toxlc
<br /> pesticides and herblcides, voiatHe solvents,materials conlalning asbestos or formaldehyde, and radbective mate�lals. As used in
<br /> paragraph 20, 'Envlronmental Law' means federel Iaws and lews of the Jurfsdiction where the Property fs located that relata to �_ __
<br /> .t � heallh, satety or envlronmental protectlon
<br /> i NON-UNIFORM CQVENANTS.Borrowor and Lender turther covenant and agree as follows:
<br /> ��� 21. Acceleratlon; Remedtes. Lender shall give notice to Borrower prior to acceleration
<br /> � following Horrower's breach of any covenant or agreement in thia 5ecurity Instrument (but not _
<br /> � , pr(or to accoleration under paragraph 17 unless applicable law provides otherwisa). The n�tice
<br /> ` shall specify: (r) the default; (b) the Actlon requlred to cure the default; (c) a date, not less than
<br /> �' 30 daya from the date the notice la given to Borrower, by which tha default must be curod; and
<br /> � (d) that fallure to cure the default on or before the date specffied In the notice may result In
<br /> acceleration of the suma secured by thle Securfty Inst�ument and selo of the Property. The notice
<br /> � shall fu�ther inform Borrower of the right to retnstate after acceleration and the rlght to bring a
<br /> court action to assert the non-existence of a default or any other defenae of Bqrrower to
<br /> �k, accelarAtlon and sale. If the default ie not cured on or bafore the date specified In the notice, —
<br /> � _ Lender at Its optlon may require Immedlete payment in full of ail eums socured by this Securtty :��"-
<br /> : . �� Instrument without fu�ther demand and may tnvoke th� power of sale and any other remedies _
<br /> „ permitted by applicable law. Lender shall be entitled to collect all expenses incurred In pursuing �
<br /> _ the remedles provided in this paragraph 21, including, but not Iimited to, reasonable ettorneys' —� —
<br /> fees and costs of title evtdence. ,.��-
<br /> _ If the power of sale is invoked, Trustee shalt record a notice of default In each county in •��':`-'=�.`'!
<br /> - whlch any part of the Praperty Is located and shall mail coples of such notice in the manner '�`E4°���---_
<br /> , prescribed by appllcable law to Borroon►er and to the other peraons prescribed by applicable law. ' �f'.��`';;.,.�-
<br />- After th�time required by applicAble law, Tructee shall give public not(ce of sale to the persons • - •� :"_
<br /> and in the manner prescribed by applicable law. Trustee, without demartd on Borrower, shall sell '�:"~�-
<br />- . the Property at public auction to the hlghest bidder at the time and place and under the terms ..
<br /> ; designated In the notice of sale in one or more parcels and in any order Trustee determines. ,
<br /> � , Trustee may postpone sale of atl or any parcel of the Property by public announcement at the •
<br /> " titeie ond place of any prevlously scheduled eale. Lendor or its designee may purchase the
<br /> Properly at any sale.
<br /> ' • Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's
<br /> deed conveying the Property. The recitals in the Truatee's deed shall be prima facle evidence of �
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<br /> tne trutn UT iI19 s[atemencs tiliiOtl Iiltl�tlu�. 1►Ui�ltltl �nnn nF►N�y u�v Fsr�wova v� u�o aa�o m aw r - --
<br /> _ following order: (s�) to all costs and expenses of exerc(sing the power of �ale, and the sale, �
<br /> = including the payment of the Trustee's fees actually incurred, not to exceed three �
<br /> - % of the principal amount of the �
<br /> note at the time of the declaratton of default, and reasonable attorney's fees as permitted by law;
<br /> (b) to all sums secured by this Security lnstrument; and (c) any excess to the person or persons
<br /> legally entitled ta it.
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